T-Mobile US and Sprint announced over the weekend that they plan to merge the two wireless companies, creating a new and bigger competitor to established players in the US wireless market. Pending regulatory approval, T-Mobile will take over Sprint in an all-stock transaction that will create a company with annual revenue of $53-$57 billion and Read More..
The announcement follows news last week that Deutsche Telekom intended to buy MetroPCS, another US wireless communications group. Both moves underscore the continuing transformation of the US wireless market. SoftBank, a Japanese telecommunications group, said it would pay 12.1 billion dlrs to Sprint shareholders and make available 8.0 billion dlrs of new capital to strengthen Read More..
Chrysler has enlisted Sprint to provide connectivity to its Uconnect Access infotainment platform. The US carmaker, majority owned by Italy’s Fiat, has teamed up with Sprint to integrate wireless technology into its UConnect Access offering. This platform will be available in the 2013 Dodge Ram 1500 pickup and in the new Dodge SRT Viper model. Read More..
Sprint Nextel wants to play a major role in the development of â€œconnected transportation,â€ the CEO of the US telecommunications group said. â€œAt Sprint, our vision goes beyond connecting millions of cars,â€ Dan Hesse said, in a speech to the Detroit Economic Club. Hesse said he expects vehicles to become â€œmulti-dimensional communication centersâ€ that are Read More..